IndAS Norms

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New accounting norms likely to hit finances of retail companies

IndAS 116 rules will lead to rise in notional assets & liabilities, say companies

Updated On: 01 Jul 2019 | 8:56 AM IST

The nine companies have seen a cumulative impact of Rs 112.79 bn, an 18 % downward revision from their net worth as of March 31, 2018

Updated On: 21 Aug 2018 | 7:36 AM IST

New accounting standard would be applicable from January next year

Updated On: 14 May 2017 | 1:36 PM IST

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Under IndAS, assessment is based on an arrangement of how the entity is controlled and managed

Updated On: 24 Apr 2017 | 12:05 AM IST